Greater volume and changing regulations
As the volume of air travel increases, compensation claims for lost or delayed baggage, flight cancellations and other irregular operations are on the rise. More stringent regulations protecting passenger rights leave many airlines seeking a more efficient way to process payments.
CURRENT LANDSCAPE
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Delayed payments and inefficient administrative processes
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Data security and customer privacy concerns
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Manual processing of payments in multiple currencies
By partnering with a global payments specialist, you can automate your payments process, reducing costly errors and increasing your operational efficiency.
The AFEX advantage
Our solutions put the world of global payments at your fingertips, directly from your ERP or accounting platform. Whether you are processing ten payments or ten thousand, we can create a solution customized to you.
State-of-the-art technology solutions:
Our technology solutions are supported by our global payments and risk management expertise and our long heritage of personalized service. Our account management and tech teams collaborate with yours from planning through integration and beyond.
The AFEX Solution
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Unmatched payments infrastructure
Global banking network facilitates rapid, secure delivery of more than 100 currencies to 180 countries
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Comprehensive licensing and regulatory framework
Our established framework and compliance expertise help you scale your operations
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Automate manual processes
Faster settlement, reconciliation and reporting, saving time, reducing errors and increasing operational efficiencies
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Beneficiary management
Upfront collection and automated verification of banking details reduces returned or failed payments
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Flexible and customizable solutions
Seamless project management and collaborative support ensures speed to market with no disruption
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Security and data protection
Sensitive data is securely stored using the latest industry standards in encryption, transmission protocols, and data privacy regulation